Brief: BESI Q3 Revenue €283.4 Mln

BE Semiconductor Industries NV

Today 06:11

Oct 22 (Reuters) - BE Semiconductor Industries NV BESI.AS:
€100 MILLION SHARE REPURCHASE PROGRAM INITIATED
Q3 REVENUE OF € 283.4 MILLION
Q4 OUTLOOK: REVENUE EXPECTED TO BE FLAT TO +/-5%
Q3 NET INCOME EUR 107.2 MILLION
Q3 ORDERS OF € 342.6 MILLION
Q4 OUTLOOK: GROSS MARGIN EXPECTED TO RANGE BETWEEN 63-65%
Q3 GROSS MARGIN 65.2%
END-Q3 NET CASH AT EUR 246.6 MILLION
Q4 OUTLOOK: OPERATING EXPENSES EXPECTED TO INCREASE BY 5-10%
SEVERE MEMORY SHORTAGES THIS YEAR HAVE EXTENDED USE OF LOWER STACK HEIGHTS IN CURRENT HBM PRODUCTION BEYOND PRIOR EXPECTATIONS
SHARE REPURCHASE PROGRAM EFFECTIVE OCTOBER 27, 2026
SHARE REPURCHASE PROGRAM EXPECTED TO BE COMPLETED BY OCTOBER 2027
FAVORABLE ORDER MOMENTUM IN FIRST NINE MONTHS OF THIS YEAR SHOULD CONTINUE IN Q4-26 AS MULTI YEAR AI CAPACITY BUILD-OUT PROGRESSES
Source text: ID:nNDL5qHDD5
Further company coverage: BESI.AS

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